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PIN A5.2.1

An Insurer must calculate its Adjusted Non-Cellular Capital Resources according to the formula:

ANCR = ANE – HNCA

where:

ANCR means the Insurer'sAdjusted Non-Cellular Capital Resources;
ANE means the Insurer's adjusted non-cellular equity; and
HNCA means the Insurer's hybrid non-cellular capital adjustment.


Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]